Majority Preferred Holders definition

Majority Preferred Holders means the holders of more than fifty percent (50%) of the voting power of the outstanding Preferred Shares (if any, voting together as a single class).

Majority Preferred Holders means the holders of at least fifty percent (50%) of the then outstanding (i) Series X-0, X-0 xxx X-0 Xxxxxxxxx Xxxxxx, (xx) Series B Preferred Shares held by Matrix only, (iii) Series C Preferred Shares held by Matrix only, and (iv) Series D Preferred Shares, voting together as a single class, including any Ordinary Shares issued or issuable upon conversion of the foregoing.

Majority Preferred Holders means the holders of 50% or more of the voting power of the outstanding Preferred Shares (voting together as a single class and on an as converted basis). For the purpose of this definition, the Preferred Shares to be issued to a Deemed Holder shall be deemed issued and outstanding.

Examples of Majority Preferred Holders in a sentence

• Except for holding the interest in its Subsidiaries, the Company shall not engage in any business or operations without the consent of the Majority Preferred Holders.

• Chloroform: There is no aquatic life criteria for chloroform, the human health WLA is 22,000 µg/L.

• The business of each Group Company shall be restricted to the Business, unless otherwise approved by the Majority Preferred Holders of the Company.

• Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of each of (i) the Company, (ii) holders representing majority of the voting power of the Common Shares, (iii) the Majority Preferred Holders, and (iv) the Majority Preferred F Holders.

• In the event that there are four directors, the position of Deciding Director shall pass from one director to another at the first day of each calendar quarter.

More Definitions of Majority Preferred Holders

Majority Preferred Holders means, collectively, the Majority A Holders, the Majority B Holders, the Majority C Holders and the Majority D Holders.

Majority Preferred Holders means the Majority Series Angel Holders, the Majority Series A Holders, the Majority Series A+ Holders, the Majority Series B Holders, the Majority Series C Holders, the Majority Series C+ Holders, the Majority Series C++ Holders, the Majority Series D Holders and the Majority Series E Holders.

Majority Preferred Holders means the holders of at least a majority of the voting power of the then outstanding Preferred Shares (voting together as a single class and on an as converted basis).

Majority Preferred Holders means the holders holding Preferred Shares representing at least 51% of the total voting power of the Preferred Shares, determined on an As-If Converted Basis.

Majority Preferred Holders means the Preferred Holders representing more than fifty percent (50%) of the voting power of all of the Preferred Shares of the Company voting as a single class, calculated on an as-converted basis.

Majority Preferred Holders means the holders of at least seventy percent (70%) of the voting power of the then outstanding Preferred Shares (voting together as a single class and calculated on as-converted basis), which shall include the Majority Series A Holders, the Majority Series B Holders and the Majority Series C Holder.

Majority Preferred Holders means, at any time, the holders of a majority of the Preferred Membership Interests then outstanding.